The Central Bank of Azerbaijan announced the financial indicators of the insurance market for January-February of this year.
"APA-Economics" has prepared the ranking of insurance companies according to the dynamics of payments with reference to CBA.
"PASHA Life" was the insurance company whose payments increased the most with absolute dynamics.
Payments of the insurance company increased by 3.6 times or 23.8 million manat compared to the same period last year.
The sharpest decrease with absolute dynamics was recorded in "Azersigorta" company.
Payments of the insurance company decreased by 38.2% or 1.4 million manats.
The ranking is exactly as follows:
Name of Insurer | Insurance Paid husband (thousand AZN) | Relative dynamics | Absolute dynamics |
"Pasha Life Insurance" Open Joint Stock Company | 32 888 | 3.6 times | 23 780 |
"Ateshgah Hayat" Insurance Company Open Joint Stock Company | 3 755 | 269.7% | 2 739 |
"Xalq Sigorta" Open Joint Stock Company | 5 442 | 39.5% | 1 542 |
"Ateshgah" Insurance Company Open Joint Stock Company | 2 845 | 58.8% | 1 053 |
"Mega Insurance" Open Joint Stock Company | 1 624 | 108.8% | 846 |
"A-Group Insurance Company" Open Joint Stock Company | 2 257 | 43.1% | 680 |
"AzSigorta" Open Joint Stock Company | 1 690 | 59.7% | 632 |
"Xalq Hayat" Insurance Company Open Joint Stock Company | 572 | 191 times | 569 |
"Gala Insurance" Open Joint Stock Company | 1 424 | 61.6% | 543 |
"Agrar Insurance" Open Joint Stock Company | 551 | 569.6% | 468 |
"Azerbaijan Industrial Joint Stock Company" Open Joint Stock Company | 1 055 | 67.1% | 423 |
"Gala Hayat" Insurance Company Open Joint Stock Company | 686 | 114.7% | 366 |
"Baku Insurance" Open Joint Stock Company | 454 | 19.6% | 74 |
"Pasha Insurance" Open Joint Stock Company | 11 669 | 0.6% | 70 |
"Nakhchivansıgorta" Open Joint Stock Company | 129 | 94.9% | 63 |
"Silk Road Insurance" OJSC | 23 | 196.3% | 15 |
"Gunay Sigorta" Open Joint Stock Company | 608 | -23.1% | -182 |
"AtaSigorta" Open Joint Stock Company | 544 | -55.7% | -684 |
State Insurance Commercial Company of the Republic of Azerbaijan | 2 300 | -38.2% | -1 420 |